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Buying & Selling Real Estate

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Lucas Hammer
  • Chicago, IL
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Higher offer with higher credit or lower offer with lower credit?

Lucas Hammer
  • Chicago, IL
Posted Dec 13 2019, 22:22

So I'm putting in an offer on a place in the morning and I think it's a little overpriced because I plan on putting some work into it. The thing I'm debating is whether I should ask for more credit since the cash will help me get the work done or a lower purchase price.

I'm confident it'll appraise at asking, but I'll probably want to ask for more after inspection. Is it easier during negotiations under contract to ask for more credit or lower sale price?

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